Exit Coach Bill Black interviews Top Advisors for Tips, Ideas & Precautions for Business Owners who want to grow and protect their company value and plan for a successful Business Sale or Transfer. Listen daily so you can be well-planned!
Episodes
Thursday Sep 21, 2017
Thursday Sep 21, 2017
Here's a 1 minute highlight from one of our Exit Coach Network Shows. Find the full interview at www.ExitCoachRadio.com -- just click "Exit Coach Network" in the "LISTEN" section and click on the show name to hear the full interview!
Andrew Karlen discusses determining the value of your business and the best way to determine its growth.
Transcript:
Andrew: Many of us would say, that business owners, for them, the business is really the first child. So, they think it's worth a lot, and they may be disappointed by the results, but at least they have the results. But it goes the other way too, "I don't think my business is really worth much, you know, a few trucks and file cabinets," and they don't realize the going concern value of the business. So, it does come both ways, but probably more likely, a little disappointment, but at least they have something realistic. And more importantly, I should say equally as important, they find out why it is not worth more, so if we have to grow the value of the business, we know things that we need to work on, because the valuator may have pointed those things out to us.
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